United States : John Hancock Global Absolute Return Strategies Fund (JHAAX) Crosses $1 Billion Mark Just Nine Months after Launch

The John Hancock Global Absolute Return Strategies Fund (JHAAX) has crossed the $1 billion in assets under management mark in the nine month period since the inception of Class A shares in December of 2011, John Hancock Funds announced. Crossing this milestone in such a relatively short period of time makes the John Hancock Global Absolute Return Strategies Fund (GARS) one of the fastest-growing funds ever for John Hancock.

Launching the John Hancock GARS Fund last December realized a key part of our strategy of providing investors and financial advisors exclusive access to an array of alternative investing strategies managed by premier, institutional-caliber investment management firms, said Andrew G....